During World War I, John Bowman, the captain of a tramp steamer, refuses to allow his wife and daughter Shirley to accompany him on a long voyage because he fears that the ship may be torpedoed. Before his departure, he entrusts his life insurance policy to shipping agent Sam Bullard, who, unknown to John, once courted Mrs. Bowman. Shirley, a clairvoyant, has a vision in which her father's ship is torpedoed, and the next day, Sam reports that the ship has been sunk and John killed.
Upon seeing millionaire Lee Brooks's picture in the paper, Julie Le Fabrier, a romantic young model in Madame Swan's dress shop, immediately falls in love with him. Soon afterwards, Julie is sent to the Grand Tides Hotel to deliver a dress to Madame Ricardo, an attractive young woman whose bills are paid by Lee's lovestruck father, Mason Brooks. Having seen her husband, whom she believed to be in South America, on the grounds, Madame Ricardo deserts the hotel, so Julie dons the gown and masquerades as Mason's mistress.
Angela, a lovely young woman of eighteen, lives with her grandmother in Virginia but knows very little about her mother, Lady Eldone, who after the death of Angela's father, moved to Europe and married an English army captain. When Captain Eldone is reported dead, Lady Eldone returns to the United States determined to marry a wealthy man.
Poor stenographer Gloria Graham believes that clothes make a woman successful in business and as a result she incurs great debts.
Helen Steele, who has theatrical aspirations, has been told by Sidney Parker that, owing to her lack of stage experience he cannot entertain her proposition of giving her the leading part in his new production, "The Siren." Believing that she can get Parker to consent if she is persuasive enough, Helen has her fiancé, Henry Tracey, invite the theatrical manager to the party to be given by John W. Cannell so that she may work upon him. At the affair Helen manages to obtain Parker's consent to give her a trial it she is successful in having Jack Craigen, a friend of Cannell, who has been living in Patagonia for a long time and who is a woman hater, propose to her.
John Gregg and his daughter Mary, on their way to Burro Springs, a boom mining town, lose their way and stumble into "Jawbone," a dilapidated town. Here they meet Mike Hernandez, a good-looking bad man. Mary, thinking Mike a gentleman, takes a liking to him. "Cheyenne" Harry, a homely looking good man, comes to Jawbone and Mary believes him to be a weak character. He becomes fascinated with her. Gregg hires Mike Hernandez to guide him to Burro Springs, displaying his small store of gold when paying Hernandez. Later, Gregg and his party become lost in the desert, and run out of water.
Hell Bent Wade is the victim of an attack in which is wife is killed and daughter kidnapped. A couple of decades later, he is a sheriff known only as the "mysterious rider," because of his nighttime prowls in search of cattle rustlers.
Major Carter, owner of the Sunset mines, reads of a reward offered for Cheyenne Harry if captured. The butler gives him a telegram telling of the flooding of several shafts in his mine. He is soon on the way to the mine in his car. Ruth, his daughter, follows in her roadster.
The Drifter is a 1917 Western short.
Sally Lou, the small daughter of village blacksmith Jim Davis, uses her sawdust doll to take the place of a real mother.
When wealthy Wall Street stockbroker Stephen Duane neglects his wife Julia for business, she consorts with philanderer Bert Brockwell. Finding them in an embrace forced by Brockwell, Stephen denounces Julia and leaves. After losing his fortune in the market, Stephen refuses Julia's offer to sell her jewels, and stays away for one year
This tells of a pretty miss, expelled from a girls' school, who goes in for a harmless adventure. She poses as a slum girl and is taken in tow by a snobbish society girl, who at first befriends and then tries to impose, upon her.
Badger, a clerk at a Wall Street brokerage, discovers that his boss Gideon Bloodgood has swindled an investor, Fairweather, out of his money. Fairweather dies of a heart attack after an argument with Bloodgood, and Badger uses this knowledge to blackmail him. By a strange coincidence, Bloodgood's daughter Lucy runs over Fairweather's son, Paul, and cripples him.
After the divorce of Schuyler Rutherford from his rich wife Caroline, who was his meal ticket, Schuyler's sister Kathleen is so humiliated by the fact that her penniless condition was brought to light during the court proceedings that she seeks solace in her friend, sculptress Mary Carter. Mary offers her friend a job as her secretary and, while working, she becomes acquainted with Mary's wealthy cousin Robert Winston when she overhears him denouncing parasitic girls like Kathleen. Vowing revenge, Kathleen assumes a false name and obtains a position as Robert's secretary, determined to make him fall in love with her.
Chaney plays two roles: mad scientist Arthur Lamb and Lamb's "experiment", known only as the Ape Man. This hideous creature was the result of Lamb's attempts to transplant animal glands into human beings.
Lon Chaney plays a Parisian sculptor who falls in love with his model (Mildred Manning). She, however, cares nothing for him. The film is considered lost.
A banker, after a prophetic meeting with a Gypsy fortune teller, becomes delusional as he searches for a trunk which the seer has told him holds the key to either his happiness or his death. This film is considered lost.
Before dying, a man's friend asks him to do his best to keep the truth that he was a robber from his son.
A reformed outlaw give up the girl because of his past.
Historically significant as Universal's first 100% all-talkie, the production suffered from having a tight shooting schedule. Carl Laemmle was only able to rent the Fox Movietone sound-on-film recording system for one week, having to be filmed at night while the Fox Studio was closed down for the evenings.